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Title:

Collected Hypotheses Concerning Benefits of Highway Public Private Partnerships
Cover of Collected Hypotheses Concerning Benefits of Highway Public Private Partnerships

Accession Number:

01623348

Record Type:

Component

Abstract:

The literature on the impacts of P3 procurement strategies was reviewed for the purpose of extracting hypotheses connecting P3 “drivers” (causes of impacts relative to conventional procurement) to “benefits” in the form of cost savings, schedule shrinkage, and quality improvement. The paper presents ten such hypotheses from six drivers, such as risk transfer and integration across phases. The intention is to quantify the hypotheses by devising ways to measure or score the drivers, developing algorithms connecting drivers to benefits, and moderating these relationships with factors (complexity, inherent risk) that may affect only one or a few drivers. This model will be incorporated into FHWA’s P3 VALUE model for conducting value for money analysis of P3 proposals.

Supplemental Notes:

This paper was sponsored by TRB committee ABE10 Standing Committee on Revenue and Finance.

Monograph Accession #:

01618707

Report/Paper Numbers:

17-04664

Language:

English

Corporate Authors:

Transportation Research Board

500 Fifth Street, NW
Washington, DC 20001 United States

Authors:

Brazeale, Andrew
Epstein, David
Lee, Douglass B
Mattson, Amanda

Pagination:

20p

Publication Date:

2017

Conference:

Transportation Research Board 96th Annual Meeting

Location: Washington DC, United States
Date: 2017-1-8 to 2017-1-12
Sponsors: Transportation Research Board

Media Type:

Digital/other

Features:

Figures; References; Tables

Subject Areas:

Administration and Management; Finance; Highways

Source Data:

Transportation Research Board Annual Meeting 2017 Paper #17-04664

Files:

PRP, TRIS, TRB, ATRI

Created Date:

Dec 8 2016 11:47AM